The Mosaic Company $MOS Shares Newly Acquired by Uhlmann Price Securities LLC

Uhlmann Price Securities LLC acquired a new stake in The Mosaic Company (NYSE:MOS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 73,109 shares of the basic materials company’s stock, valued at approximately $1,587,000.

Other institutional investors also recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its position in shares of Mosaic by 22.2% in the first quarter. California State Teachers Retirement System now owns 366,466 shares of the basic materials company’s stock valued at $9,345,000 after buying an additional 66,608 shares in the last quarter. Tejara Capital Ltd acquired a new position in shares of Mosaic during the 2nd quarter worth $1,301,000. Bank of America Corp DE raised its stake in shares of Mosaic by 7.4% during the 1st quarter. Bank of America Corp DE now owns 2,486,973 shares of the basic materials company’s stock worth $63,418,000 after buying an additional 170,724 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Mosaic in the 2nd quarter worth about $73,112,000. Finally, Royal Bank of Canada boosted its position in shares of Mosaic by 18.6% in the 1st quarter. Royal Bank of Canada now owns 401,445 shares of the basic materials company’s stock worth $10,237,000 after buying an additional 62,883 shares in the last quarter. Hedge funds and other institutional investors own 77.54% of the company’s stock.

Mosaic Stock Performance

NYSE MOS opened at $22.32 on Friday. The company has a quick ratio of 0.43, a current ratio of 1.50 and a debt-to-equity ratio of 0.46. The Mosaic Company has a fifty-two week low of $16.99 and a fifty-two week high of $32.25. The business has a fifty day moving average of $21.72 and a 200-day moving average of $23.77. The stock has a market cap of $7.09 billion, a price-to-earnings ratio of -6.30, a price-to-earnings-growth ratio of 7.06 and a beta of 0.88.

Mosaic (NYSE:MOS) last posted its quarterly earnings data on Tuesday, November 3rd. The basic materials company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.18). The company had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.05 billion. Mosaic had a negative net margin of 9.43% and a positive return on equity of 0.58%. The firm’s revenue was down 10.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.29 EPS. As a group, analysts predict that The Mosaic Company will post 0.11 earnings per share for the current fiscal year.

Mosaic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be paid a $0.22 dividend. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.88 annualized dividend and a yield of 3.9%. Mosaic’s payout ratio is presently -24.86%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. downgraded shares of Mosaic from an “outperform” rating to a “sector perform” rating and dropped their target price for the company from $27.00 to $25.00 in a report on Monday, October 5th. Canadian Imperial Bank of Commerce cut their target price on shares of Mosaic from $25.00 to $22.00 and set a “neutral” rating for the company in a research report on Friday, October 23rd. Zacks Research raised shares of Mosaic from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 21st. Royal Bank Of Canada lowered shares of Mosaic from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $27.00 to $25.00 in a research report on Monday, October 5th. Finally, Mizuho set a $20.00 price target on shares of Mosaic in a research report on Wednesday. Six investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $25.68.

Insider Transactions at Mosaic

In other Mosaic news, SVP Walter Precourt, III sold 23,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $22.12, for a total value of $508,760.00. Following the transaction, the senior vice president directly owned 116,198 shares in the company, valued at approximately $2,570,299.76. This represents a 16.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

About Mosaic

The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. Its products help farmers supply crops with essential nutrients, and the company also makes phosphate-based animal feed ingredients and products for industrial applications.

Mosaic’s operations include phosphate mining and processing in the United States and potash mining in Canada. Through its Brazilian operations, Mosaic Fertilizantes, the company produces, blends and distributes crop nutrients and related products in Brazil and other markets in South America.